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Fantastic opportunity to purchase a concrete-block duplex just one block from the beach in Madeira Beach! This property is primed for a smooth renovation and strong rental performance, offering exceptional upside for both investors and owner-occupants. A private appraisal has already been completed, FEMA has confirmed the home was not substantially damaged, and transferable flood insurance provides added peace of mind. Even better"”a full renovation crew is on standby, and they have already completed the permit application, ready for the buyer to submit and begin work immediately. The duplex features a spacious 2-bedroom, 1-bath unit with potential rents over $2,400 and a charming 1-bedroom, 1-bath unit with rental potential over $2,000. Plenty of parking makes it ideal for long-term or short-term rental use (3 months min). Just minutes from the beach, shopping, and restaurants, this location is a powerhouse for steady demand. Don't miss this rare chance to secure a turnkey-ready renovation project in one of the most desirable coastal markets in Pinellas County. Click on the tour link to view the virtual tour. Drone tour in the second virtual tour link.
| DAYS ON MARKET | 74 | LAST UPDATED | 2/16/2026 |
|---|---|---|---|
| TRACT | NORTH MADEIRA SHORES | YEAR BUILT | 1970 |
| COMMUNITY | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Orange Grove Elementary-PN |
|---|---|
| Jr. High School | Seminole Middle-PN |
| High School | Seminole High-PN |
| PRICE HISTORY | |
| Prior to Dec 17, '25 | $409,999 |
|---|---|
| Dec 17, '25 - Dec 30, '25 | $399,999 |
| Dec 30, '25 - Jan 8, '26 | $389,900 |
| Jan 8, '26 - Jan 23, '26 | $379,900 |
| Jan 23, '26 - Feb 16, '26 | $369,900 |
| Feb 16, '26 - Today | $359,900 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
| CONSTRUCTION | Block |
| EXTERIOR | Courtyard, Rain Gutters |
| HEAT | Heat Pump |
| INTERIOR | Open Floorplan, Stone Counters, Walk-In Closet(s) |
| LOT | 3485 sq ft |
| LOT DIMENSIONS | 45x75 |
| PARKING | Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | NORTH MADEIRA SHORES |
| TAXES | 5609.07 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Christopher Lampe, SEA GLASS FLORIDA PROPERTIES, 727-295-8330
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/20/26 9:36 PM PST.
This IDX solution is (c) Diverse Solutions 2026.